Druva Set to Bring Cloud to the Edge with CloudLanes AcquisitionJuly 16, 2019
Druva, Inc. today announced the acquisition of CloudLanes, an innovator in hybrid cloud data protection and migration that enables seamless and secure movement of data from on-premises to cloud. With the new addition, Druva is set to expand cloud to the edge, bringing enterprises the ability to keep data readily available on-site, while leveraging SaaS-based business continuity, short recovery windows and greater workload mobility to reduce costs by up to 50 percent.
CloudLanes’ software rapidly and securely ingests data from on-premises and moves it to the cloud in a fast, secure, and auditable manner for protection needs, freeing organizations from legacy scalability and architecture. By integrating CloudLanes, Druva brings all the benefits of its cloud capabilities to these on-premises environments, providing instant recovery and enhancing data security without requiring any hardware. Additionally, efficient and cost-effective cloud-based resources and lifecycle management will decrease overall TCO by eliminating the need for on-premises storage and compute resources. With this new approach, heavily regulated industries like healthcare and banking will now be able to meet their business needs for governance and compliance with a solution designed for the cloud era.
“Enterprises are now seeing first-hand the challenges of hybrid cloud solutions that are increasingly inflexible with today’s cloud-driven world,” said Jaspreet Singh, founder and CEO, Druva. “Current hybrid solutions are trying to forklift legacy to cloud, but organizations need solutions that are born in the cloud and bring cloud functionality closer to the datacenter. The addition of CloudLanes will help us extend the advantages of cloud to more enterprises at the edge, bringing greater access to data, enhanced protection, and help accelerating growth through simple and reliable data protection.”
CloudLanes, founded in 2015, introduced the industry’s first secondary storage platform built on public clouds with a hybrid cloud approach. Designed for data guardianship and optimized for backup and archival workloads, CloudLanes combined this with unparalleled security and governance, chain of custody and data verification capabilities. In 2018, CloudLanes was recognized in Gartner’s “Cool Vendors in Storage Technologies” report for its innovative technology.*
“Businesses are looking for greater flexibility and more cost effective ways to manage their backup data, and are increasingly looking to the cloud,” said Abhijit Dinkar, co-founder and CEO, CloudLanes. “CloudLanes’ innovative approach to data migration enhances the Druva Cloud Platform and will bring enterprises a novel and powerful new approach to data protection and management.”
“The readily available nature of backups stored on-premises has been a key barrier to cloud data protection adoption for some organizations and industries,” said Phil Goodwin, Research Director, IDC. “A solution that combines the best of both worlds, delivering the performance of on-premises data protection with the scalability, security and cost structure of cloud holds a lot of promise. The addition of CloudLanes to Druva’s portfolio expands the company’s ability to address cloud-based data protection requirements.”